US EditionTurkish Airlines Moves to Acquire Minority Stake in Spain’s Air Europa to Boost Latin America Expansion
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
The company Turkish Airlines has announced its intention to submit a binding offer by the Spanish airline Air Europa for an investment of a minority stake in the airline of the Hidalgo family. The airline explains in a statement published on its website that in order to “strengthen” its position in the global aviation sector and “improve” its competitiveness in the market has held non-binding talks to assess a possible investment opportunity in …
Turkish took off this Friday on the Stock Exchange by 1.7% after officialising its offer to Air Europe, according to REPORTUR.us. The Turkish airline reached its peak with this boost since May, and one of the highest it has ever registered (Air Europe receives a Turkish offer to grow in America). The possible entry into Air Europe of Turkish would leave deep implications, as. Turkish is part of the Star Alliance, and Air Europe is integrated int…
Turkish Airlines Plans To Invest In Air Europa, In Wild Card Deal
Global aviation in Europe is very much controlled by the “big three” European airline groups — Air France-KLM, IAG, and Lufthansa Group. These airline groups often try to buy up independent airlines, both to further their strategic interests, and to prevent competitors from doing the same. At the moment, acquisition talk in Europe is largely centered around Air Europa and TAP Air Portugal, two long haul carriers that don’t belong to any of the m…
Turkish Airlines Moves to Acquire Minority Stake in Spain’s Air Europa to Boost Latin America Expansion
Flag carrier Turkish Airlines (THY) has decided to submit a binding offer to acquire a minority stake in Air Europa, a Spanish airline. The announcement was made through a filing with Borsa Istanbul, signaling a strategic move to deepen Turkish Airlines’ presence in Europe and expand its reach into Latin America. According to the statement, the decision follows a comprehensive feasibility study and prior non-binding negotiations. Following exten…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
